Property profile

13 22nd St Kearney, NE 68847

OFF-MARKET
Distribution centers
Property ID
US57-0896910
13,748 SF 0.6 ac lot Built 1992
Entity Owned Free & Clear
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Property summary

AI-generated overview

This ±22,974 square foot industrial building presents a compelling investment opportunity in downtown Kearney, Nebraska. Situated on a 0.59-acre lot (26,000 square feet), this property boasts a prime location near numerous amenities. The all-brick, single-story structure features a blend of office and warehouse space, ideal for owner-occupancy. The building comprises approximately 9,226 square feet of office space, 16,072 square feet of warehouse space, and a 3,030 square foot mezzanine. Access is convenient with three drive-in doors and one dock-high door, complemented by side-alley access and ample street parking. Constructed in 1988 and 1992 (office and warehouse respectively), this property benefits from its location on a corner lot along a brick street. The building's zoning is designated by the City of Kearney, and the Buffalo County parcel number is 610065000. This versatile space is well-suited for a variety of industrial uses, offering a unique combination of functionality and location. The property's size, features, and central location make it an attractive option for businesses seeking a well-established presence in Kearney's thriving downtown area.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1992
Total area 13,748 SF
Lot 0.6 ac (26,000 SF)
Zoning code 03-COMMERCIAL
APN 610065000
UPID US57-0896910

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Publishing House Newspaper & Magazine
  • Car Dealership
  • Association Or Organization
  • Publishing House Newspaper & Magazine

Location

13 22nd St Kearney, NE 68847-5404
Kearney metro Census 969500 KEARNEY, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.47M
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.39M

Owner & transaction history

Zoning & alternative use

03-COMMERCIAL · Kearney, NE
Top alternative use upside
Restaurant $1.7M +89.3%
Office building $1.7M +81.0%
Commercial (general) $1.7M +79.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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